Proceeding International Conference on Malay Identity
The 2nd International Seminar on Language, Literature, Education, Arts and Culture

The Ability of Union Policy in Achieving Price Stability After Covid-19 in 6 Countries with the Highest Inflation

Fadlan, Ahmad (Unknown)
Rusiadi, Rusiadi (Unknown)
Sepbrina, Kiky (Unknown)



Article Info

Publish Date
28 Oct 2024

Abstract

During COVID-19 pandemic, most people have minimized activities outside the home including the government's recommendation to stay at home to break the chain of COVID-19 spread. If these phenomena continue, such as the volume of supply, people's purchasing power, as well as the inflation rate which continues to be on a downward trend, it is feared that it can make economic growth negative and have a negative impact on all sectors which will lead the economy towards recession and worse to the point of a global economic crisis. This research approach is associative / quantitative research. In supporting quantitative analysis, the Model, VAR, ARDL Panel and Differential Test are used where this model can explain the reciprocal relationship in the long-term economic variables used as endogenous variables. The data used in this study are secondary data derived from the World Bank (https://data.worldbank.org/) and https://www.ceicdata.com/id. In the panel interest rates are able to be a leading indicator of inflation and exchange rates in Venezuela, Zimbabwe, Sudan, Argentina, Iran and Indonesia, then the 6 Countries with the Highest Inflation should keep interest rates will remain stable. During the COVID-19 pandemic there are significant differences in inflation and exchange rates in the 6 Countries with the Highest Inflation before and during the COVID-19 pandemic.

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Journal Info

Abbrev

ICMI

Publisher

Subject

Arts Humanities Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The International Conference on Malay Identity (ICMI) is a collection of scientific articles proceedings at an international conference on Malay culture organized by the Department of History, Art, and Archeology, FKIP Jambi University. Proceedings covers the field of humanities (culture) studies ...